Angel Yeast Co. Ltd. provided earnings guidance for the first half of 2020. The company predicts the net profit owned by shareholders of the listed company in the first half of 2020 to be between RMB 696,422,800 and RMB 742,851,000, with an increase of between RMB 232,140,900 and RMB 278,569,100 compared with the same period of the year before (based on the disclosed statistics according to relevant regulations) and a year-on-year increase of between 50% and 60%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st half of 2020 will be between RMB 654,113,000 and RMB 697,720,500 with an increase of between RMB 218,037,700 and RMB 261,645,200 and an increase of between 50% and 60% compared with the same period of the year before.